Would you go long Yahoo now that a new CEO is in place or is the business still doomed?
Best Answer
HRD123 answered 10 months ago …
Unless her first order of business is to find a buyer for the company then I'm not too confident in the stock. This company has fundamental weaknesses and flaw in its model. They might have a lot of traffic but if Yahoo! can't effectively monetize that traffic then that's the end of the ballgame. They'll either bleed to beath or someone will scoop up the pieces when they have no other option except to sell. I say get it done now and get it done quick while the company is still somewhat valuable.
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